Renault SA moved to reassure investors by dangling the prospect of cost cuts and assets sales after posting its first annual loss in a decade.
Read More »BP’s Carbon-Neutral Pledge Puts Pressure on Exxon. Chevron
Exxon and Chevron both agree with the goals of the Paris Agreement.
Read More »Gazprom Enters New Era with Pledge for more Generous Dividends
To mitigate potential market risks. Gazprom has set aside 676.5bn roubles ($10.7bn) in its budget for this year.
Read More »Russia`s Lukoil Support Further OPEC+ Cuts
OPEC+ is still waiting for Russia to clarify its position on deeper oil output cuts.
Read More »BP Pledges to Reach net Zero by 2050
The energy giant has pledged to invest more in low carbon technologies and less in oil and gas after acknowledging the world’s carbon budget is finite and running out fast.
Read More »Etihad Airways Schedules Net Zero Target for 2050
The national airline of the United Arab Emirates has also set an interim goal of halving of its 2019 net emission levels by 2035.
Read More »Qatargas Enters Agreement to Deliver 1mn Tonnes of LNG to Kuwait
Qatargas is delighted to conclude this new SPA with Shell.
Read More »Total Buys 50% Stake in Adani’s Solar Business for $510m
The solar portfolio has a total operating capacity of 2GW which is spread across 11 states in India.
Read More »Saudi Aramco Cuts Its Prices for Asia
Saudi Arabia’s state oil company has made deep cuts to the price of crude it sells to Asia.
Read More »Rosneft Signs Contract with Indian Oil to Supply 2 Million Tonnes of Oil to India
An important subject of talks between Sechin and Pradhan was the issue of providing Indian consumers with quality crude and petroleum-based products.
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